The Marcus Corporation (MCS) Income Statement
MCS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsMCS revenue and net income
Where MCS's revenue goes
2025Each bar shows an amount and its share of revenue. MCS kept 1.7% of revenue as net income.
MCS profit margins
MCS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +3.1% | +3.8% | +26.1% | +4.5% |
| Gross profit | +2.1% | +4.5% | +33.8% | −1.7% |
| Operating income | +34.1% | +37.7% | — | −8.1% |
| Net income | — | — | — | −6.2% |
| EPS (diluted) | −37.5% | — | — | −14.2% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MCS quarterly EPS vs estimates
Marcus beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: October 29, 2026 (estimate $0.57).
MCS income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $758.5M | $735.6M | $729.6M | $677.4M | $458.2M | $237.7M | $820.9M | $707.1M | $622.7M | $543.9M |
| Cost of revenue | $465.1M | $448.2M | $443.0M | $420.0M | $274.5M | $169.3M | $454.2M | $365.2M | $340.6M | $288.9M |
| Gross profit | $293.4M | $287.4M | $286.5M | $257.4M | $183.7M | $68.3M | $366.6M | $341.9M | $313.0M | $285.4M |
| Research & development | — | — | $0 | $0 | $0 | $1 | $0 | $0 | $0 | $0 |
| Sales, general & admin | $143.9M | $139.4M | $127.6M | $124.7M | $105.0M | $89.0M | $124.2M | $107.2M | $104.5M | $93.6M |
| Total operating expenses | $271.7M | $271.2M | $252.6M | $249.1M | $225.2M | $246.8M | $298.4M | $258.7M | $235.7M | $214.0M |
| Operating income | $21.7M | $16.2M | $33.9M | $8.3M | −$41.5M | −$178.4M | $68.2M | $83.2M | $77.3M | $71.5M |
| Interest income | $11.2M | $9.3M | $10.4M | $15.5M | $18.2M | $17.2M | $10.7M | $13.3M | $11.5M | $8.6M |
| Interest expense | $11.5M | $11.0M | $12.7M | $15.3M | $18.7M | $16.3M | $11.8M | $13.1M | $12.1M | $9.2M |
| Income before taxes | $8.7M | −$10.2M | $21.6M | −$2.0M | −$59.0M | −$195.8M | $54.4M | $66.6M | $68.1M | $60.5M |
| Income taxes | −$4.0M | −$2.4M | $6.9M | $7.1M | −$15.7M | −$70.9M | $12.3M | $13.1M | $3.6M | $23.0M |
| Net income | $12.7M | −$7.8M | $14.8M | −$12.0M | −$43.3M | −$124.8M | $42.0M | $53.4M | $65.0M | $37.9M |
| EBITDA | $90.4M | $68.7M | $101.7M | $80.4M | $31.8M | −$104.5M | $138.5M | $141.3M | $132.3M | $111.9M |
| EPS (diluted) | $0.15 | $0.24 | $0.30 | −$0.44 | −$1.44 | −$3.97 | $1.52 | $1.97 | $1.54 | $1.36 |
| Gross margin | 38.7% | 39.1% | 39.3% | 38.0% | 40.1% | 28.8% | 44.7% | 48.4% | 50.3% | 52.5% |
| Operating margin | 2.9% | 2.2% | 4.7% | 1.2% | −9.0% | −75.1% | 8.3% | 11.8% | 12.4% | 13.1% |
| Net margin | 1.7% | −1.1% | 2.0% | −1.8% | −9.4% | −52.5% | 5.1% | 7.6% | 10.4% | 7.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $231.7M | $154.4M | $193.5M | $210.2M | $206.0M | $148.8M | $188.3M | $232.7M | $176.0M | $138.5M | $161.5M | $208.8M |
| Cost of revenue | $136.2M | $103.7M | $118.6M | $120.3M | $124.6M | $101.5M | $117.0M | $131.3M | $107.6M | $92.3M | $91.3M | $110.3M |
| Gross profit | $95.5M | $50.7M | $74.9M | $89.8M | $81.4M | $47.3M | $71.3M | $101.4M | $68.4M | $46.2M | $70.2M | $98.4M |
| Sales, general & admin | $36.8M | $37.2M | $35.4M | $36.4M | $36.0M | $36.2M | $34.3M | $36.5M | $35.6M | $33.0M | $32.0M | $32.5M |
| Total operating expenses | $68.3M | $69.9M | $67.3M | $67.2M | $68.2M | $69.0M | $73.5M | $68.6M | $66.2M | $62.9M | $69.0M | $77.5M |
| Operating income | $27.2M | −$19.2M | $7.6M | $22.7M | $13.2M | −$21.8M | −$2.2M | $32.8M | $2.2M | −$16.7M | $1.2M | $20.9M |
| Interest income | — | — | $2.7M | $2.7M | $2.5M | $3.3M | $2.4M | $2.3M | — | — | — | $2.3M |
| Interest expense | $2.7M | $2.6M | $2.9M | $2.8M | $3.0M | $2.8M | $2.8M | $3.1M | $2.6M | $2.5M | $3.8M | $2.9M |
| Income before taxes | $24.0M | −$23.0M | −$1.4M | $24.2M | $10.1M | −$24.2M | −$5.2M | $28.7M | −$14.5M | −$19.2M | −$1.7M | $18.1M |
| Income taxes | $8.1M | −$7.6M | −$7.3M | $8.0M | $2.7M | −$7.4M | −$6.2M | $5.4M | $5.7M | −$7.4M | −$277,000 | $5.9M |
| Net income | $15.8M | −$15.4M | $6.0M | $16.2M | $7.3M | −$16.8M | $986,000 | $23.3M | −$20.2M | −$11.9M | −$1.4M | $12.2M |
| EBITDA | $44.1M | −$2.5M | $19.4M | $43.8M | $30.7M | −$3.5M | $15.6M | $49.1M | $4.8M | −$686,000 | $18.3M | $40.1M |
| EPS (diluted) | $0.51 | −$0.51 | −$0.06 | $0.52 | $0.23 | −$0.54 | $0.03 | $0.76 | −$0.17 | −$0.38 | −$0.05 | $0.31 |
| Gross margin | 41.2% | 32.9% | 38.7% | 42.8% | 39.5% | 31.8% | 37.9% | 43.6% | 38.9% | 33.4% | 43.5% | 47.1% |
| Operating margin | 11.7% | −12.4% | 3.9% | 10.8% | 6.4% | −14.6% | −1.2% | 14.1% | 1.3% | −12.0% | 0.7% | 10.0% |
| Net margin | 6.8% | −9.9% | 3.1% | 7.7% | 3.6% | −11.3% | 0.5% | 10.0% | −11.5% | −8.6% | −0.9% | 5.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MCS's financial statements (latest annual report filed February 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MCS financial results
In fiscal year 2025 (ended December 31, 2025), Marcus reported revenue of $758.5 million, up 3.1% from the year before. It had net income of $12.7 million, a net profit margin of 1.7%. Diluted earnings per share came to $0.15. Over five years revenue grew at an average rate of 26.1% a year.
See the MCS stock overview for the latest quote and news, or the MCS chart for price history and technical indicators.
MCS income statement FAQ
What is Marcus's annual revenue?
Marcus reported total revenue of $758.5 million for fiscal year 2025, which ended on December 31, 2025. That was up 3.1% from $735.6 million the previous year.
Is Marcus profitable?
Yes. Marcus reported net income of $12.7 million in fiscal 2025, a net profit margin of 1.7%; its operating margin was 2.9%.
What is Marcus's gross margin?
Marcus's gross margin was 38.7% in fiscal 2025: for every $100 of revenue, Marcus kept $39 after the direct cost of its products and services.
How fast is Marcus growing?
Revenue grew 26.1% a year on average over the last five fiscal years, from $237.7 million to $758.5 million.
What are Marcus's earnings per share?
Marcus earned $0.15 per diluted share in fiscal 2025, compared with $0.24 a year earlier.
When will Marcus report its next earnings?
Marcus is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 before the market opens.
When does Marcus's fiscal year end?
Marcus's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 27, 2026.